Overview

• The Directorate of Revenue Intelligence uncovered customs duty evasion of around ₹30 crore by falsifying invoices and misdeclaring high-end European furniture.
• Coordinated raids across Mumbai on July 21–22 led to the arrest of a beneficial owner, a dummy importer and a local intermediary under the Customs Act, 1962.
• Investigators say the syndicate used dummy Importer Exporter Code holders, shell companies in Dubai and Singapore and fabricated documentation to undervalue shipments by 70 percent to 90 percent.
• The furniture was shipped directly from Italy and other European sources but cleared as low-value, unbranded items to undercut duty assessments.
• The case echoes a May 2025 bust of a ₹20 crore undervaluation racket and highlights evolving high-value smuggling tactics.